ASX-listed specialty retailer AuMake International (AU8) has partnered with Shenzhen Jiezhou Technology to develop its next generation e-commerce platform, set to launch in October.
JieZhou has developed online solutions for hundreds of cross-border brands, e-commerce platforms, large overseas stores, supermarkets and chain stores around the world including in Australia, USA and China. The JieZhou team is growing quickly with technical staff located in both China and Australia.
JieZhou is part-owned by Ant Financial Services Group, one of the world’s largest fintech companies with a valuation of over US$150b. Ant Financial in turn is part-owned by Alibaba Group Holding Ltd.
Commenting on the partnership, AuMake Executive Chairman Keong Chan said, “We are absolutely delighted to form this relationship with JieZhou as our preferred technology partner. After an extensive search in Australia and China, we have found a partner that not only meets our technical needs but also shares our strong appetite for innovation.
“Our partnership with JieZhou, who has extensive experience with leading online businesses globally and significant resources at its disposal from its relationship with Ant Financial, will enable us to create a cutting-edge online platform that delivers a seamless consumer experience.
“AuMake is wholly committed to transforming its already growing online business. This new strategic partnership with JieZhou, and in turn Ant Financial, will also open up new growth opportunities in the future.”
JieZhou CEO Junlong Wang said, “As an online technology company backed by Ant Financial, our technical team and technology combined with AuMake’s understanding of their customer and market, will allow us to build a market leading platform in the rapidly changing e-Commerce cross-border environment.
“As a good example of our innovation and technical competencies, we recently announced the launch of a patented built-in digital customs clearance system into our proprietary APOS e-commerce platform, which significantly improves customs clearance and delivery times for end-customers in China.
“JieZhou will bring unique industry knowledge and technology advantages to help AuMake achieve their digital growth ambitions in the dynamic cross-border retail world.”